According to President Ferdinand 'Bongbong' Marcos Jr., his administration already began to go into the details of the foreign travels, which were intended to attract more investors for the Philippines.
President Ferdinand "Bongbong" Marcos Jr. said Friday the deals signed during his foreign travels have started to materialize.
"The purpose of the meeting was to put together all of the different commitments that we're given to us in the different trips that we've had. We started with Indonesia and Singapore and then until finally Japan," Marcos said in a video message. According to the Presidential Communications Office , Trade and Industry Secretary Alfredo Pascual has told the Chief Executive that a total of 116 projects worth US$62.926 billion or P3.48 trillion were generated from his foreign trips since assuming the presidency.
Meanwhile, projects worth US$29.712B or P1.7 trillion have existing Memorandum of Understanding or Letters of Intent while confirmed projects worth US$28.863 or P1.5 trillion are still on the planning stage.
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